July 8, 2010

Elevance settles metathesis issue?

This is an interesting development when the blog heard that Elevance Renewable Sciences (they seem to be generating a lot of news lately) has licensed the metathesis technology patents 7,738,528 and 7,652,145, from German chemical company Evonik.

I've been trying to find out more information about Evonik's metathesis technology and to my surprise, the company actually filed a complaint against Elevance and Materia - the founder of Elevance and main source of Elevance's patented metathesis technology - early this year. Evonik claimed under the complaint that they are the original developer of olefin metathesis process, which are filed under the patents 7,738,528 and 7,652,145.

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